Plan Ledger DOL Form 5500 · updated monthly

Shield Healthcare Centers, Inc.DC plan

SHIELD HEALTHCARE CENTERS, INC. EMPLOYEE 401 (K) SAVINGS PLAN · VALENCIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Shield Healthcare Centers, Inc. reported $56,953 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $975 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.28% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,984th-largest of 9,483 plans among California employers on file, and the 3,057th of 11,911 in health care & social assistance. In 2024, employees put in $3.51 for every $1.00 the employer contributed; active participation has grown from 320 to 368 since 2022.

Plan summary
Net assets, end of year$26,267,236
Participants with balances266
Active participants368
Employer contributions$358,734
Employee contributions$1,258,781
Employer contribution per active participant$975
Average account balance$98,749
Benefits paid to participants$1,777,148
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$26.3M · 266 accts · $359K emplr
2023$22.8M · 258 accts · $327K emplr
2022$19.2M · 265 accts · $294K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,470
Trustee / custodial$9,483
Total administrative$56,953
Employer contributions to the Shield Healthcare Centers, Inc. plan · 2024
Employer contribution per active participant$975
Median for plans this size$2,416
2024$975 per active participant
2023$952 per active participant
2022$919 per active participant

Shield Healthcare Centers, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MILLIMAN · Recordkeeping · Loan processing$47,470
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee$9,484
CHARLES SCHWAB & CO., INC. · Custodial (securities)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Milliman
2023Milliman

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$56,953 · 0.23%
2023$45,305 · 0.22%
2022$59,125 · 0.28%
Same employer
Similar plansHealth Care & Social Assistance · California
Samgi CA$26.3M · 0.33%
Wellspace Health CA$26.3M · 0.41%
Arch Health Partners CA$26.3M · 0.58%
Catalight Foundation CA$26.2M · 0.54%
Fred Finch Youth Center CA$26.1M · 0.80%
Ascend Clinical, LLC CA$25.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951940459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.